Matches in SemOpenAlex for { <https://semopenalex.org/work/W4386568491> ?p ?o ?g. }
Showing items 1 to 54 of
54
with 100 items per page.
- W4386568491 endingPage "97" @default.
- W4386568491 startingPage "83" @default.
- W4386568491 abstract "In this chapter, we perform more detailed analyses and present the distribution characteristics and risk-return relationships of accounting-based financial returns (ROA) across different industry contexts and between periods with different economic conditions. We first display the frequency diagrams of the return measure (ROA) and its two components, net income and total assets, that show entirely different contours in the density graphs that must be reconciled. This is partially accomplished by analyzing the skewness, kurtosis, cross-sectional, and longitudinal risk-return characteristics of each of the three variables. The analyses further considers potential effects of accounting manipulation, and different organizational and executive traits, that identifies significant effects on the accounting-based return measures. We find extremely left-skewed return distributions with high negative correlations between the average return and risk measures, which reproduces the “Bowman paradox” as originally conceived. The same analysis is performed on net income and operating cash flows, the latter being less susceptible to accounting manipulation, which should display similar effects even though these performance distributions show positive skewness. We find negative but insignificant cross-sectional risk-return relations that nevertheless reappear in analyses performed within the specific industry contexts. The study further uncovers effects from prevailing economic conditions where left-skewness and kurtosis as well as negative risk-return correlations are much more significant during periods of high economic growth and business expansion where competition is more pronounced." @default.
- W4386568491 created "2023-09-10" @default.
- W4386568491 creator A5000209972 @default.
- W4386568491 date "2023-09-29" @default.
- W4386568491 modified "2023-10-16" @default.
- W4386568491 title "Analyzing Manufacturing Subsamples" @default.
- W4386568491 doi "https://doi.org/10.1108/978-1-83797-074-220231006" @default.
- W4386568491 hasPublicationYear "2023" @default.
- W4386568491 type Work @default.
- W4386568491 citedByCount "0" @default.
- W4386568491 crossrefType "book-chapter" @default.
- W4386568491 hasAuthorship W4386568491A5000209972 @default.
- W4386568491 hasConcept C10138342 @default.
- W4386568491 hasConcept C105795698 @default.
- W4386568491 hasConcept C106159729 @default.
- W4386568491 hasConcept C122342681 @default.
- W4386568491 hasConcept C129361004 @default.
- W4386568491 hasConcept C149782125 @default.
- W4386568491 hasConcept C162324750 @default.
- W4386568491 hasConcept C166963901 @default.
- W4386568491 hasConcept C185669311 @default.
- W4386568491 hasConcept C2780821815 @default.
- W4386568491 hasConcept C30755413 @default.
- W4386568491 hasConcept C33923547 @default.
- W4386568491 hasConceptScore W4386568491C10138342 @default.
- W4386568491 hasConceptScore W4386568491C105795698 @default.
- W4386568491 hasConceptScore W4386568491C106159729 @default.
- W4386568491 hasConceptScore W4386568491C122342681 @default.
- W4386568491 hasConceptScore W4386568491C129361004 @default.
- W4386568491 hasConceptScore W4386568491C149782125 @default.
- W4386568491 hasConceptScore W4386568491C162324750 @default.
- W4386568491 hasConceptScore W4386568491C166963901 @default.
- W4386568491 hasConceptScore W4386568491C185669311 @default.
- W4386568491 hasConceptScore W4386568491C2780821815 @default.
- W4386568491 hasConceptScore W4386568491C30755413 @default.
- W4386568491 hasConceptScore W4386568491C33923547 @default.
- W4386568491 hasLocation W43865684911 @default.
- W4386568491 hasOpenAccess W4386568491 @default.
- W4386568491 hasPrimaryLocation W43865684911 @default.
- W4386568491 hasRelatedWork W1923748390 @default.
- W4386568491 hasRelatedWork W2098199421 @default.
- W4386568491 hasRelatedWork W2100749708 @default.
- W4386568491 hasRelatedWork W2346360474 @default.
- W4386568491 hasRelatedWork W242676990 @default.
- W4386568491 hasRelatedWork W2586438398 @default.
- W4386568491 hasRelatedWork W3085365890 @default.
- W4386568491 hasRelatedWork W3123589616 @default.
- W4386568491 hasRelatedWork W3125801873 @default.
- W4386568491 hasRelatedWork W4302028150 @default.
- W4386568491 isParatext "false" @default.
- W4386568491 isRetracted "false" @default.
- W4386568491 workType "book-chapter" @default.